ADVICE FOR ROSA & MANUEL WHO ARE THINKING OF BUYING A HOUSE by the students at El Centro del Cardenal

The advantage of buying a house is that in the house you can do what you want. The disadvantage is that you now have the responsibility of having to do repairs and pay the mortgage.

-Ana Jiminez

 

I advise you to think carefully about the advantages and disadvantages that home ownership will bring you in the future. For my part, I suggest you buy in your country and try to rent here for a time, until you have a good amount and the interest won't be so high.

-Juddy Caceres

 

I advise them that if they are going to buy a house here in the United States, they should buy a three-family, rent 2 apartments and finance the house from the rent.

-Dionisia Rodriguez

 

If you have the opportunity to buy a house, try to find a house for sale in a good neighborhood. Second, try to obtain a two- or three-family with rents that will pay the mortgage. Third, set some money aside for maintenance or try to learn as much as you can about heating, plumbing, etc.

-Julia Familia